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OK HB1881

OK HB1881
Revenue and taxation; Oklahoma Real and Personal Property Taxation Policy Act of 2025; effective date.


summary

Introduced
02/03/2025
In Committee
02/04/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

An Act relating to revenue and taxation; enacting the Oklahoma Real and Personal Property Taxation Policy Act of 2025; providing for noncodification; and providing an effective date.

AI Summary

This bill establishes the Oklahoma Real and Personal Property Taxation Policy Act of 2025, which is primarily a procedural measure that sets its own name and effective date. The act will become operational on November 1, 2025, and while it creates a new section of law, it is specifically noted as not being intended for codification in the Oklahoma Statutes. The bill appears to be a framework or placeholder legislation related to real and personal property taxation, though the specific details of the taxation policy are not provided in the current text. The bill follows standard legislative formatting by including an enacting clause that emphasizes it is being enacted by the people of Oklahoma, and it provides a clear citation name and future effective date.

Sponsors (1)

Last Action

Second Reading referred to Rules (on 02/04/2025)

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